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Business of Law

  • September 9, 2010

    1st-Year Associate Pay Slumps In Some Cities

    While pay for first-year associates at large law firms in legal hotspots has held steady since 2009, the prevailing $160,000 starting salary for first-years has eroded in some cities, a new report shows.

  • September 8, 2010

    LGBT Bar Association Unveils 1st-Ever Directory

    The National Lesbian, Gay, Bisexual & Transgender Bar Association has launched a first-ever directory of LGBT law partners and LGBT-owned law firms.

  • September 8, 2010

    Law Firms Should Focus On Top-Line Revenue: Report

    A new review by the Citi Private Bank Law Firm Group found that law firms cut expenses significantly during the first half of 2010 and that they now need to focus on boosting top-line revenue growth by distinguishing themselves from their competitors.

  • September 8, 2010

    Associate Rates Rise More Than Partner Rates: Report

    Law firms have raised the rates of their associates over the last few years at a higher percentage than those of their paralegals or partners, according to a new report on legal billing rates.

  • September 7, 2010

    Firm Specialization Key To Future Success: Report

    Law firms will need to specialize in either a specific type of litigation or a certain practice area in order to best service their clients in the shifting landscape of corporate litigation, according to a new survey of corporate counsel.

  • September 7, 2010

    Top 3 Pet Peeves Of In-House Counsel

    In a new report, corporate counsel share three major sources of frustration with law firms, who despite showing a willingness to make changes will need to get a better sense of the client's priorities if they are to bring their services in line with client needs.

  • September 7, 2010

    The Firm Corp. Counsel Can't Stop Talking About

    When it comes to winning business in a market where legal spending remains largely flat, savvy law firms know the way to win new clients is by keeping existing clients happy. And there's one firm above all that's making corporate counsel smile and is poised to win work through client recommendations in the upcoming year, according to a new report.

  • September 7, 2010

    Lathrop To Acquire Denver's Kamlet Reichert

    Lathrop & Gage LLP has agreed to pick up Kamlet Reichert LLP, a Denver-based firm with 21 attorneys who focus on energy, real estate and other areas.

  • September 3, 2010

    Some Practices Set To Earn Top Billing Rates In '11

    Corporate counsel expect securities litigation to command top billing rates among major practice areas in the coming year, though there will be only a slight increase in overall litigation spending, a new report has found.

  • September 3, 2010

    The 4 Firms In-House Counsel Fear The Most

    When in-house counsel look across a courtroom, there are a few firms that they don't want to ever see as opponents, a new survey has found.

  • September 3, 2010

    How To Become Your Client's Primary Litigation Firm

    Law firms angling to become a client's primary litigation firm — the one that does the bulk of that company's litigation work — need more than just outstanding legal skills; they need to offer top-notch client service too, a new report shows.

  • September 2, 2010

    Staffer Sues Polsinelli Over Premerger Paid Leave

    Polsinelli Shughart PC is facing a suit from a legal secretary who claims her employer wrongly refused to pay for vacation time she accrued while working at one of the two Kansas City, Mo., legal shops that merged to create the firm.

  • September 1, 2010

    August Brings Little Movement In Lateral Market

    Lateral movement in the legal industry cooled off as the temperature rose this summer, dropping by nearly 80 moves between June and August, according to Law360 data.

  • August 26, 2010

    Bill Would Bar Judges From Hearing Donors' Cases

    The California Legislature has passed a bill that would impose strict disqualification rules on trial court judges hearing cases that involve certain former contributors to their election campaigns.

  • August 25, 2010

    Squire Sanders Eyes Merger With Hammonds

    Trans-Atlantic mergers continue to tempt law firms, with Squire Sanders & Dempsey LLP looking to join forces with Hammonds LLP and create a globe-circling powerhouse.

  • August 20, 2010

    Klevan & Abramowitz Partner Indicted For Fraud

    A grand jury has indicted a Philadelphia attorney for allegedly negotiating settlements without the knowledge of his clients and pocketing more than $1 million he embezzled from clients and the law firm where he was a named partner.

  • August 19, 2010

    Townsend Lets Go 9 Attorneys, 25 Staffers

    Intellectual property firm Townsend and Townsend and Crew has pared down its ranks in its home state of California, cutting nine attorneys in the San Francisco area, in addition to 25 staff members.

  • August 19, 2010

    Deferred Atty Accuses Howard Rice Of Race, Sex Bias

    A former summer associate has sued Howard Rice Nemerovski Canady Falk & Rabkin PC, claiming its decision to defer and ultimately rescind her full-time associate contract violated discrimination laws.

  • August 18, 2010

    Start Dates Stalled For Some DLA Piper 1st-Years

    DLA Piper, which recently expanded its executive management team, has delayed the start date for half of its incoming associate class past January 2011.

  • August 18, 2010

    Motions To Strike Can't Nix Damages Claims: 9th Circ.

    Courts cannot strike a claim for damages on the ground that the damages are precluded as a matter of law, the U.S. Court of Appeals for the Ninth Circuit has ruled in a case involving a $100 million contract dispute between baby supplies companies Whittlestone Inc. and Handi-Craft Co.